FundedNext Scraps Its 70% Margin Rule and Restores Profits It Cost Traders
FundedNext has scrapped its 70% margin rule with immediate effect, retiring one of the tighter conditions in its funded-account framework. Unusually for the industry, the firm also reversed penalties already collected under the old rule and restored the affected profits to traders' balances. The change removes a common failure trigger for high-leverage strategies and brings FundedNext closer to competitors that price risk purely through drawdown, not margin utilisation.
Source: JoinProp — https://joinprop.com/prop-news/fundednext-scraps-its-70-margin-rule-and-restores-the-profits-it-cost-traders/
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